Wireless Telecom Group, Inc. (AMEX:WTT) is set to announce third quarter earning results on Friday 13th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, WTT to report 3Q20 loss of $ 0.02 per share from revenue of $ 11.08 million.
For the full year, analysts anticipate top line of $ 43.01 million, while looking forward to loss of $ 0.13 per share bottom line.
Previous Quarter Performance
Wireless Telecom Group, Inc. recorded loss for the second quarter of $ 0.03 per share, from the revenue of $ 11.11 million. According to street consensus, revenue of $ 12.03 million was expected for the second quarter The top line results fell short of analysts by $ 0.92 million or 7.65 percent.
Stock Performance
Shares of Wireless Telecom Group, Inc. traded low $ -0.03 or -2.01 percent on Thursday, reaching $ 1.46 with volume of 10.80 thousand shares. Wireless Telecom Group, Inc. has traded high as $ 1.47 and has cracked $ 1.45 on the downward trend
According to the previous trading day, closing price of $ 1.46, representing a 109.86 % increase from the 52 week low of $ 0.71 and a 11.83 % decrease over the 52 week high of $ 1.69.
The company has a market capital of $ 31.61 million and is part of the Technology sector and Communication Equipment industry.
Recent Analyst recommendations
- On 1st October 2020, initiated by B. Riley at Buy rating.
Conference Call
Wireless Telecom Group, Inc. will be hosting a conference call at 8:30 AM eastern time on 13th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 800-346-7359 (United States) or 973-528-0008 Outside U.S., and the passcode is 442232 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.wirelesstelecomgroup.com
Wireless Telecom Group, Inc., together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave devices in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in three segments: Network Solutions, Test and Measurement, and Embedded Solutions. The Network Solutions segment designs and manufactures RF components and integrated subsystems, including low passive intermodulation radio frequency and microwave products used in small cell deployments, distributed antenna systems, in-building wireless solutions, and cellular base-stations.
